Business
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
Asian markets were mixed on Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks…
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Business
T Rowe favours Thailand, Malaysia bonds on scope for rate cuts
T Rowe Price Group likes local bonds in Thailand and Malaysia, betting that further monetary easing will outweigh currency gains as a key…
Business
China’s overcapacity drive faces stubborn oil-refiner revival
China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity. Of three…
Business
First ETF to track China index through Singdollar-hedged fund class launched on SGX
It will provide investors with exposure to fast-growing, innovation-driven companies listed on the SZSE while mitigating foreign exchange…
Business
First ETF to track China index through Singdollar-hedged fund class launches on SGX
The Amova E Fund ChiNext Index exchange-traded fund (ETF) on Tuesday (Jul 22) was listed under the Shenzhen Stock Exchange-Singapore…
Business
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Business
SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ
GATE, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the US’ AI ambitions is now setting…
Business
Gold prices rise to over one-month high on softer US dollar, bond yields
Gold prices climbed on Tuesday (Jul 22) to their highest point in more than a month, supported by a weaker US dollar and lower Treasury…
Business
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep”…
Business
Stocks to watch: Singtel, CapitaLand Investment, GHY Culture, Dasin Retail Trust
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 22): Singtel: Its wholly owned…
Business
Universal Music Group files confidentially for US listing
Universal Music Group has filed confidentially for a US listing, which would fulfil the terms of a deal with billionaire Bill Ackman’s…
Business
Australia’s Insignia agrees to A$3.3 billion takeover by CC Capital, ending bidding war
RALIA’S Insignia Financial agreed on Tuesday to a A$3.3 billion (S$2.8 billion) all-cash takeover by investment manager CC Capital, ending…
Business
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Business
China says Wells Fargo banker ‘involved’ in criminal case
China said the case of a Wells Fargo banker blocked from leaving the country was related to a criminal matter, escalating an episode that…
Business
Michael Saylor’s Strategy owns 3% of Bitcoin in circulation after latest purchase
Michael Saylor’s Strategy now owns more than 3 per cent of all the Bitcoin ever minted following the crypto treasury company’s latest…
Business
Plan for the next five years, not the next five headlines: HSBC’s Tommy Leung
Investors and business owners should adopt a long-term mindset, especially in the face of ongoing geopolitical volatility and uncertainty,…
Business
AstraZeneca vows to spend US$50 billion on US manufacturing, development
[MUNICH/WASHINGTON] AstraZeneca plans to invest US$50 billion in the US before 2030, becoming the latest European pharma company to…
Business
Deutsche Bank sees 30-year yield up by half point on Powell exit
The potential ouster of Federal Reserve chair Jerome Powell by US President Donald Trump would drive the 30-year Treasury yield higher by…
Business
Europe: Shares end lower as investors assess mixed earnings; focus on trade talks
EUROPEAN shares ended a choppy session in the red on Monday, as investors weighed a mixed bag of corporate earnings and keenly awaited the…
Business
US: S&P 500 hits fresh record to open big earnings week
Wall Street stocks finished mostly higher on Monday following a quiet session ahead of earnings reports later in the week from General…
Business
The Met Wraps Up Fiscal-year 2025 With 5.7 Million Visitors
Having reeled in more than 5.7 million visitors to its two locations The Met Fifth Avenue and The Met Cloisters for the fiscal year 2025,…
Business
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Business
Trump Media buys US$2 billion in Bitcoin for crypto treasury plan
Trump Media & Technology Group, the firm behind Truth Social, has acquired about US$2 billion in Bitcoin and related securities as part of…
Business
Who Is Jon Prosser? Apple Sues YouTuber Over Alleged iOS 26 Leak from Development iPhone
Apple Inc. has filed a federal lawsuit against popular tech YouTuber Jon Prosser and his associate Michael Ramacciotti for allegedly…